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10 Andrew Street # 1B, Salem MA 01970

Salem, MA 01970
$577,000
Est. $4,028/month
2
Beds
1.5
Baths
1,098
Sq Ft
$526
Price/Sq Ft
1805
Year Built
5
Days on Market
Closed Listed Jul 10, 2024 • MLS# 73262510 Copied!

About this home

Located on one of the prettiest streets in Salem, and just off the Salem Common, the Perley Putnam house (1805) is a true gem. Featuring 2 bedrooms, 1.5 bathrooms, home office, high ceilings, updated kitchen and baths, and off-street parking. Enter this first floor condo through a gorgeous formal entrance with elegant curved stairs or through your own private entrance. First look reveals a large parlor with high ceilings, tall windows, stunning fireplace, and beautiful original woodwork details in crown molding, chair rail, and baseboard. The updated kitchen features custom cabinetry, granite counters, stainless appliances, and a cozy built-in dining area. Enjoy a large primary bedroom featuring a private porch overlooking a fern garden. Second spacious bedroom features chair rail and custom built-in upgrades. In addition enjoy a home office, additional half bath, in-unit laundry, and hardwood floors throughout.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1805
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,098 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $575,000
Final Sale Price: $577,000
Difference: +$2,000 (+0.3%)
Performance Metrics
100.3%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $524
Sale $/sq ft: $526
This property sold for $526 per square foot
Sale Summary

This property sold for 0.3% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$526/sq ft
Area Average
$343/sq ft
Difference
+53.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1805
Living Area 1,098 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling None
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Y
Laundry First Floor, In Unit
Features Home Office

Exterior

Construction None
Architecture None
Roof Shingle, Rubber
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

Electric Circuit Breakers, 60 Amps/less
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,550
Assessed Value $563,700

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Home Office
Windows: Storm Window(s)
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1805
Effective Year (Renovated): 2002
Structure Type: Garden
Exterior Materials:
Roof: Shingle, Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, T-Station

Location

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Neighborhood

10 Andrew Street # 1B, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $546
Homeowners Insurance $200
HOA Fee $365/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

0.3%
Price Range
6
Total Days on Market

Property Timeline

Sold
Aug 20, 2024
$577,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Jul 10, 2024
$575,000
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Price & Status History

Date Event Price Change
Jul 10, 2024 New Listing Added $575,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$526

Tax History

Year Taxes Assessment
2024 $6,550 $563,700

Financial Details

Annual Property Tax
$6,550
Tax Year 2024
HOA Fee
$365
Monthly
Assessed Value
$563,700

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Agent MLS ID TEAM0226
Office MLS ID C95279
Listing Data Updated Aug 22, 2024 10:25 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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